Asia And Europe Markets Rise, Dollar Slips Ahead Of Central Bank Decisions - Global Markets Today While US Slept

On Friday, June 13, U.S. markets ended sharply lower as escalating Iran-Israel tensions rattled global markets. Oil prices jumped on fears of supply disruption, boosting energy and defense stocks, while airlines tumbled on rising fuel concerns.

Most sectors in the S&P 500 declined, led by financials and tech. Despite positive consumer sentiment and stable inflation data, geopolitical risks weighed heavily on investor confidence and market performance.

According to economic data, the University of Michigan’s consumer sentiment index rose to 60.5 in June, up from 52.2 in the prior two months and above expectations of 53.5.

While most S&P 500 sectors, including financials, tech, and materials, posted losses Friday, energy stocks closed higher against the trend. The Dow closed lower by 1.79% at 42,197.79, the S&P 500 declined 1.13% to 5,976.97, and the ...